TRANSFER OF SHARES TO NRI
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2010
A private limited co whose main object is media wishes to transfer 99.99 %of shares to NRI having dual citizenship and NRO account,
I would like to know which forms are required to be file with RBI and where?
I would like to know which forms are required to be file with RBI and where?
10 March 2011
Media sector as such is not allowed to have 99.99% FDI. Your case needs to seen in light of exact activity being done by the Company.
Anuj
0-9810106211
Anuj
0-9810106211
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